Profitability of realty majors declined by 56% in the first half of 2009-10, which
contradicts concerns over formation of a housing bubble in the country.
Real estate developer Unitech Ltd is trying to sell its telecom tower-making business for up to Rs 7.5 billion (USD 157.6 million) as part of its deleveraging initiatives, the Daily News & Analysis said on Tuesday.
Day in Pics: 30th August
August 30, 2014
Famous Ganesh Pandals in Mumbai